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Award Winning Cafe & Deli In Somerset For Sale

Watchet, Somerset
  • £364,950
  • (Furniture / Fixtures included)

Sales revenue:
£146,000
Cash flow:
£55,000
Contact Seller
quaint period property thoroughly renovated

1/1quaint period property thoroughly renovated




Award winning cafe & delicatessen situated on the North Somerset coast close harbour/marina & esplanade of Historic maritime town.Prime trading position.Renavated,character property in lovely order and well equipped.Delicatessen/retail area,2 interconnecting dining areas offering 34 covers plus kitchen.Self-contained 2 bedroom owners accomodation above offering modern living within characterful surroundings.Thriving,award winning business well supported by locals and excellent tourist trade.Daytime opening currently - scope to expand.Excellent trading figures and profits capable of improvement - ideal owner operator.VIEWING IS STRONGLY RECCOMMENDED.Take a look at the businesses web site www.chives-deli.co.uk

This business was only established in 2004 but has already built up a good following. Turnover is circa £146,000 p.a from mainly daytime opening only ( though there is almost certainly demand for opening in the evening particularly in the holiday season) with gross profit of around £87,000 per annum. If the business was run by a hands on chef/cook partnership we suspect that NET PROFITS of around £55,000 will be retained..It has been awarded 'Taste of the West" in addition to being visited by celebrities such as Gordon Ramsay.The combination of retail deli sales and a lovely cafe/coffee shoppe seems to have really captured the imagination of customers.The surrounding coastal scenery is magnificant.Visit www.watchettowncouncil.org to see what the area has to offer.



Property:
Freehold
Living accommodation:
lounge,hallway,fitted kitchen,2 bedrooms bathroom
Location:
North Somerset - Watchet - famous maritime town. popular locals and tourist trade.visit www.watchettowncouncil.org
Premises details:
Cafe area in two sections for 32 covers,retail area and kitchen facilities.lovely 2 bedroom owners accomodation.Extensively restored and refurbished.

Expansion potential:
daytime opening currently 10am - 4pm - potential evening trade particularly during tourist season
Trading hours:
10 a.m - 4 p.m
Employees:
mainly operated by a couple some part timers
Years established:
5
Related documents:


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